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Tax authorities

Superintendencia Nacional de Aduanas y de Administración Tributaria (SUNAT)
Av. Garcilaso de la Vega 1472, Lima
Tel: +511 315 3303
Ministry of Finance
Jr. Junin 319, Cercado de Lima, Lima
Tel: +511 311 5930

Tax rates at a glance

(As of September 2014)

Corporate tax rate 30% (a)
Capital gains 5/30
Branch tax 30%/4.1% (b)
Withholding tax
Dividends 4.1%
Interest 4.99%/30% (c)
Royalties 30%
Net operating losses (years)
Carryback 0
Carryforward 4/Unlimited (d)
  1. The standard corporate income tax rate is 30%. Resident enterprises engaged in manufacturing, extractive or trading activities may opt for a special regime if income does not exceed a specified amount – the tax rate is 2.5% of monthly net receipts.
  2. Branches are subject to the normal corporate income tax. Additionally, dividends and other profit distributions, as well as branch remittances of net profits abroad, are subject to a 4.1% withholding tax when paid to resident and nonresident individuals, and to nonresident entities.
  3. The 4.99% rate applies to certain cash loans between unrelated parties, and where the interest rate, commissions, costs and bonuses is up to LIBOR+7 for US and European loans; in the case of other sources, the tax authorities will determine the applicable rate based on the documentation provided by the borrower and the technical information reported by the Peruvian Central Bank of Reserve. Any excess is subject to a withholding tax of 30%.
  4. Mining companies are subject to an additional Special Mining Tax or to "voluntary" payments.

Leading firms

The GDP of Peru, a member country of the recently formed Pacific Alliance (Chile, Colombia, Mexico and Peru), grew by 5.9% in 2013 and inflation fell by 2 percentage points. Foreign direct investment (FDI) is moving at a healthy rate and outbound investments ... [more]

Hernández & Cía's tax practice is active in all areas of tax, including tax planning, compliance, corporate tax, indirect tax and tax disputes. The practice is led by founding partner Luis Hernandez, who has advised the government on several occasions ... [more]


PwC's tax practice comprises a multidisciplinary team of lawyers, accountants, economists and administrators. The practice specialises in tax consulting, tax audit, transfer pricing and litigation.

With 17 tax professionals, including six partners, Rodrigo Elías & Medrano's tax practice is one of the largest in the country. The practice advises on tax planning, compliance, M&A and other restructurings, transfer pricing and tax treaties. ... [more]

Led by Walker Villanueva, Estudio Ferrero Abogados's tax practice advises some of the biggest mining companies doing business in Peru, including BHP Billiton, Buenaventura, Via Minera Santa Luisa and Cia Minera Poderosa. The practice is particularly ... [more]


EY's tax practice, led by Roberto Cores, provides a wide range of services, including indirect tax, transfer pricing, customs and tax disputes, mainly to foreign multinationals. The practice also advises a growing number of domestic multinationals on ... [more]

Led by Luz María Pedraza, the tax and customs practice group of Rubio Leguía Normand provides tax planning and consulting services, and advises on M&A, investment funds, financing, customs law and international trade. Its clients are both domestic and ... [more]

Zuzunaga & Assereto is a law firm specialising in consulting and advisory services for corporate and international tax, tax planning, M&A, foreign trade, local and foreign investment protection and promotion regimes, stability agreements and tax disputes. ... [more]

Estudio Echecopar, affiliated to Baker & McKenzie, provides domestic and foreign companies with a wide range of tax advice, including tax planning, corporate and international tax, cross-border investment, M&A, capital markets, financial products, initial ... [more]

Deloitte's tax service is one of the largest in Peru, with a team of around 100 economists, lawyers and accountants. The firm provides services across all tax areas, including corporate tax, indirect tax, international tax, transfer pricing and litigation.The ... [more]

Led by Fernando Castro, the tax practice of Estudio Muñiz Ramírez Pérez-Taiman & Olaya is well-known for its M&A and financial transactions tax planning . The practice is especially strong in the extractive, pharmaceutical, financial and agricultural ... [more]

Estudio Olaechea offers tax planning, consulting and controversy services to Peruvian and international companies. Its business is evenly divided between cross-border work, especially M&A for inbound investment, and domestic transactions. Its clients ... [more]

Led by Rocio Liu, Miranda & Amado, Taxand Peru's tax practice provides a wide range of services, including tax planning, M&A, corporate restructuring and litigation to domestic and foreign multinationals. It also offers specialised tax services for clients ... [more]

Payet, Rey, Cauvi, Pérez & Mur’s tax practice has grown significantly in the last year, adding, among others, both Miguel Mur - though he has now left - and Juan Manuel Salazar from PwC to their roster in 2013. The practice focuses on three main ... [more]

KPMG's tax practice provides tax consulting, tax compliance, transfer pricing and trade and customs services. The practice is led by Khaled Luyo.

Osterling’s tax group, led by Cristina Chang, specialises in advising clients in the mining sector in Peru, focusing in particular on matters relating to, for example, tax litigation, rollback clauses, VAT, tax issues arising from agreement and negotiations ... [more]

Rebaza Alcázar & De Las Casas' tax practice, led by Camilo Maruy, specialises in tax regulations and tax planning in matters related to banking and financial projects.

Led by Walther Belaunde, formerly a senior partner at Rebaza, Alcázar & De Las Casas, and partner at Deloitte, the tax practice at Santivanez focuses primarily on providing tax services to companies in the energy and natural resources sectors. As ... [more]

See also

Latin America

Firm contact details